450 E ELLIOT Road, Chandler, AZ 85225
$3,220,000
Property Type: Comm/Industry Sale Square Footage: 58,559 Lot Size (sq. ft.): 184,285 Status: Closed
Current Price: $3,220,000 List Date: 3/16/2011 Last Modified: 5/23/2020
Description
BANK OWNED LIGHT INDUSTRIAL BUILDING FOR SALE OR LEASE IN CHANDLER!! SALE PRICE ONLY $63.18/SF!!! 30' clear height. Masonry construction. 10,000 SF Office (air conditioned), 48,559 SF warehouse (evaporative cooler). 5 dock high loading positions with edge of dock levelers, plus 2 grade level ramps. 1600 Amps of 277/480 Volts power. Skylights. Sprinklered. 40' x 40' column spacing. Ample parking. Zoning I-1 Light Industrial. Numerous retail, restaurant and service amenities nearby. (REF GPE3487)
More Information MLS# 4552992
Contract Info
Ownership: Fee Simple Current Price: $3,220,000 Sold Price: $3,220,000 Status: Closed List Date: 2011-03-15
Location, Tax & Legal
Assessor's Map #: 24 Legal Description (Abbrev): MISTY MATE Assessor's Parcel #: 426 Add'l Parcels: No Tax Municipality: Chandler Taxes: 76007.6 Legal: MISTY MATE MCR 996-39 Marketing Name: 450 E ELLIOT ROAD Map Code/Grid: S39 House Number: 450 Compass: E Street Name: ELLIOT St Suffix: Road City/Town Code: Chandler State/Province: AZ Zip Code: 85225 Zip4: 1379 County Code: Maricopa Subdivision: Misty Mate Assessor Number: 302-24-426 Tax Year: 2011
General Property Description
Type of Property: Light Industrial Ttl Apx SqFt Bldg: 58559 Ttl Apx Net Rnt Spc: 58559 # of Buildings: 1 Uncvrd Parking Spcs: 100 Year Built: 2008 Zoning: I-1
Legal Info
Range: 5E Section: 10 Township: 1S Lot Number: 1
Construction
Block: 1 Tilt-Up: 1
Roofing
Other: 1
Floors
Other: 1
Income & Expenses
Annual Elec Exp: 0 Annual Gas Exp: 0 Annual Ins Exp: 0 Annual Land Lse Exp: 0 Annual Landscape Exp: 0 Annual Legal & Acctg: 0 Annual Maint Exp: 0 Annual Mgmt Exp: 0 Annual Trash Exp: 0 Annual Wtr/Swr Exp: 0 Owner Association: No Annual Ownr Asoc Fee: 0 Annual PAD Fee: 0 Annual Rplcmnt Rsrvs: 0 Annual Other Expense: 0 Operating Exp: 76007.6 Other Income: 0 Vacancy Allowance: 0 Adjusted Gross Inc: 0
Building Type
Commercial: 1 Industrial: 1 Manufacturing: 1
Business Type
Mixed: 1 Professional/Office: 1 Warehouse: 1 Wholesale: 1
Stories
1 Story: 1
Pmt & Rate Info
Down Payment: 0 Equity: 3700000 Total Owed: 0 Assessment Balance: 0
Ceiling Height
28.1 Feet or Over: 1
Heating
Electric: 1
Cooling
Office A/C: 1 Warehouse Evap: 1
Interior Features
Finished: 1
Loading Facilities
Dock Leveler(s): 1
Road Surface Type
Asphalt: 1
Exterior
Sprinkler System-Ground: 1 Landscaping: 1 Curb(s) & Gutter(s): 1 Building Sign: 1
Source of Fincl Data
Owner: 1
Fencing
Partial: 1
Water Source
City Franchise: 1
Sewer
Sewer - Public: 1
Parking Features
Free: 1 Paved: 1
Electric
SRP: 1
Gas
Other (See Remarks): 1
New Financing
Cash Only: 1 Cash to Loan: 1
Special
REO Property: 1
Existing 1st Loan
Treat as Free&Clear: 1
Existing 1st Loan Type
Not Applicable: 1
Existing 1st Loan Terms
Not Applicable: 1
Existing 2nd Loan
Treat as Free&Clear: 1
Existing 2nd Loan Type
Not Applicable: 1
Existing 2nd Loan Terms
Not Applicable: 1
Existing 3rd Loan
Treat as Free&Clear: 1
Existing 3rd Loan Type
Not Applicable: 1
Reports/Disclosures
Other (See Remarks): 1
Existing 3rd Loan Terms
Not Applicable: 1
Environmental
Other (See Remarks): 1
Existing Othr Ln Trm
Not Applicable: 1
Sold Info
Loan Type: Cash Payment Type: Other Clsing Cost Split: Normal - N Buyer Concession to Seller: 0 Buyer Concession $/%: % Seller Concession to Buyer: 0 Seller Concession $/%: %
Remarks Misc
Cross Street: E/NEC E. Elliot Road and N. Arizona Avenue Directions: US 60 (Superstition Freeway) to SR 87 (N. Arizona Avenue) south. East on E. Elliot Road. Geo Lat: 33.350386 Geo Lon: -111.835132
Status Change Info
Off Market Date: 2012-01-25 Under Contract Date: 2012-01-23 Close of Escrow Date: 2012-02-01 Sold Price: $3,220,000
Property Features
Building Type: Commercial; Industrial; Manufacturing Business Type: Mixed; Professional/Office; Warehouse; Wholesale Stories: 1 Story Construction: Block; Tilt-Up Roofing: Other Floors: Other Ceiling Height: 28.1 Feet or Over Cooling: Office A/C; Warehouse Evap Loading Facilities: Dock Leveler(s) Interior Features: Finished Exterior: Sprinkler System-Ground; Landscaping; Curb(s) & Gutter(s); Building Sign Fencing: Partial Parking Features: Free; Paved Electric: SRP Gas: Other (See Remarks) Water Source: City Franchise Sewer: Sewer - Public New Financing: Cash Only; Cash to Loan Special: REO Property Source of Fincl Data: Owner Existing 1st Loan: Treat as Free&Clear Existing 1st Loan Type: Not Applicable Existing 1st Loan Terms: Not Applicable Existing 2nd Loan: Treat as Free&Clear Existing 2nd Loan Type: Not Applicable Existing 2nd Loan Terms: Not Applicable Existing 3rd Loan: Treat as Free&Clear Existing 3rd Loan Type: Not Applicable Existing 3rd Loan Terms: Not Applicable Existing Othr Ln Trm: Not Applicable Road Surface Type: Asphalt Environmental: Other (See Remarks)
Listing Office: Avison Young
Last Updated: May - 23 - 2020
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